Global Nuts and Seeds Market

Global Nuts And Seeds Market Size, Share, Growth Analysis, By Product Type(Nuts, Seeds), By Application(Bakery, Confectionery) - Industry Forecast 2024-2031

Report ID: SQMIG30I2148 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 66 | Figures: 75

Global Nuts And Seeds Market News

  • In March 2022, the first and only variety of pasteurised nuts and dried fruits in India, "Bactopure," has been introduced by VKC Nuts, one of India's top fully integrated farm to fork Nuts Dried Fruits Companies, under its flagship brand, Nutraj.
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Global Nuts And Seeds Market size was valued at USD 1279.44 billion in 2019 and is poised to grow from USD 1301.19 billion in 2023 to USD 1514.36 billion by 2031, growing at a CAGR of 1.7% in the forecast period (2024-2031).

Top Players in the Global Nuts and Seeds Market 'Archer Daniels Midland Company', 'Olam International Limited', 'Blue Diamond Growers', 'Diamond Foods, LLC', 'Mariani Nut Company', 'Select Harvests Limited', 'The Wonderful Company LLC', 'Sincerely Nuts Inc.', 'John B. Sanfilippo & Son, Inc.', 'Sun-Maid Growers of California', 'Golden Peanut and Tree Nuts', 'H.B.S. Foods Ltd.', 'Kerry Group', 'Hampton Farms', 'Bergin Fruit and Nut Company, Inc.', 'Borges International Group S.L.U.', 'Besana Group', 'Treehouse Foods, Inc.', 'Bates Nut Farm', 'Tierra Farm, Inc.'

The global demand for different varieties of nuts and seeds is being driven by consumers' increasing awareness of the nutritional and health benefits connected with them. Packaging guarantees high quality, expedites product processing, and lengthens product shelf life. Additionally, it must provide clients with products that are high-quality, fresh, and hygienic. During the projection period, the global market for nuts and seeds has grown as a result of rising health consciousness. The global market for nuts and seeds is being driven by awareness of the health advantages of these foods.

Some of the factors anticipated to contribute to revenue growth in the target market are shifting consumer lifestyles, rising awareness of the nutritional benefits of nuts and seeds, and the requirement for new taste preferences.

Geographically, the global nuts and seeds market has been divided into North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa. With a 57.8 percent revenue share in 2021, North America held the greatest market share for packaged nuts and seeds. As a result of the presence of numerous bakeries and confectionery production facilities in the United States, the region has increased its consumption of nuts and seeds. The most product releases have occurred in North America in recent years. As an illustration, the Almond Board of California (ABC) started a project called Accelerated Innovation Management (AIM). This creative strategic move aimed to boost the almond industry's productivity and sustainability. During the anticipated time frame, these measures will fuel product growth.

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